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Why Republicans are fighting the basic-income programs many cities and states are adopting: 'Is money a birthright now?'
(www.businessinsider.com)
this post was submitted on 03 Mar 2024
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politics
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Did you know that the US does not have a capitalist system? In fact, it's silly to think of "capitalism" and "socialism" as systems at all. They aren't. They are broad systemic feature sets. You've probably heard the phrase "mixed economy". That's actually what nearly every nation has, a mixed economy, meaning that we have socialist, as well as capitalist, elements. In fact, without socialist elements, the capitalist elements of our economy would have self-destructed a long time ago. You clearly have no idea what capitalism or socialism even are. That's fine, most people don't, it's pretty much the norm, but now that it's been pointed out to you, you have a choice: learn, and grow, or be a stubborn fool. Hopefully you choose well.
Haha I have a degree in economics. That why I can see all the shit you tankies write as just plain wrong.
But I'm sure your youtube video on Karl Marx makes you an expert on these things.
People don't use words as absolutes. America is largely referred to as a capitalist country. My saying that isn't incorrect. But you can argue technicalities of words all you want, communism sucks or (mixed economies heavily leaning to communism sucks).
Dude, if you have a degree in econ I think your uni should lose its accreditation. I am dead serious.
a class of econ 101 does not a degree make, tho it is ironic that the economists with the most predictive power tend to not favor your view on economics
Where's your degree from, Hillsdale? I can't imagine it would be any serious school.
Sure, language is complex, and it isn't broadly wrong to refer to the US as a "capitalist country", as capitalism is certainly the dominant economic power, here, but that's intentionally dodging the point. You were the one speaking in absolutes, saying "But socialism is a stupid inefficient system, so it's a non starter." That statement alone indicates a complete lack of understanding of what socialism is, an understanding rooted in absolute systems, which in turn heavily implies a lack of understanding of what capitalism is. What do you think these words actually mean? Come on, show me what that Hillsdale degree was worth.